Derivatives Product Manager

TP ICAP Group; New York, Northern (NY, KY); Hybrid; USD 170,000 - 180,000; Full time

Job summary

TP ICAP Group's Parameta Solutions in New York is seeking a Senior Product Manager for global Capital Markets Data products. You will own the data product, shape its strategic direction and oversee the roadmap, working with broking desks and third‑party data sources to deliver impactful offerings.

You will partner with Technology, Sales, Marketing, and Quant teams to drive revenue, perform market research, and support lifecycle management from idea to launch, engaging clients and internal

Qualifications

• 5+ years of experience in financial markets data.
• Ability to interpret large datasets and extract actionable insights.
• Excellent written and verbal communication, translating technical requirements for varied audiences.
• Proven organizational skills with ability to manage multiple workstreams and deadlines.

Responsibilities

• Drive ownership of the data product, shaping its strategic direction and overseeing the product roadmap.
• Develop and execute objectives and strategies for current and future data products to drive revenue.
• Act as SME for OTC derivatives including fixed income, rates and credit derivative data products.
• Coordinate the procurement, evaluation, and publication of data from broking desks and third‑parties.
• Contribute to market analysis, competitive research, and the development of business cases for new data products.
• Support product lifecycle activities from ideation through development and launch.
• Collaborate with Technology, Operations, Sales, Client Services, and Analytics to ensure successful project implementation.
• Engage with internal stakeholders and clients to gather feedback and identify opportunities to improve data content.

Skills

Financial markets data

Analytical skills

Excellent communication

Cross-functional collaboration

Client engagement

Problem solving

Revenue opportunities

Job description

Group Overview

The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions. The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform. Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About Parameta Solutions

Parameta Solutions is the Data & Analytics division of TP ICAP Group. The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices, and pre and post-trade analytics. Its post-trade solutions offering helps market participants control their counterparty and regulatory risks through a growing range of tools that manage balance-sheet exposure, as well as compression and optimisation services. The Data & Analytics division includes the following brands: Tullett Prebon Information, PVM Data Services, ICAP Information and Burton-Taylor Consulting.

Role Overview

The role is in Parameta Solutions’ global Capital Markets Data Product function, focusing on identifying, developing, and enhancing data opportunities arising from TP ICAP’s Global Broking activities and third‑party sources. The position requires subject‑matter expertise across interest rates and credit OTC derivatives. The role involves driving ownership of the data product, shaping its strategic direction, and overseeing execution of the product roadmap. The candidate will play a key role in analysing, evaluating, and helping manage the procurement of data from broking desks and third‑parties, ensuring it is accurately captured, quality‑checked, and channelled into Parameta Solutions’ data distribution workflows. They will assist in market research, competitive analysis, business case development, and ongoing product lifecycle management. The role involves supporting product initiatives from concept through delivery, collaborating with Technology, Sales, Marketing, and Quant team to bring enhancements and new data offerings to market. Additional responsibilities include providing SME input to sales teams and client discussions, as well as participating in industry engagement and marketing activities such as webinars and conferences.

Role Responsibilities

• The role involves driving ownership of the data product, shaping its strategic direction, and overseeing execution of the product roadmap.
• Drive global product development initiatives for new data opportunities from Global Broking activities as well as third‑parties.
• As a senior product manager, develop and execute objectives and strategies for current and future data products to drive revenue.
• Act as SME for OTC derivatives including fixed income, rates and credit derivative data products.
• Coordinate the procurement, evaluation, and accurate publication of data from broking desks and third‑parties via Parameta Solutions.
• Contribute to market analysis, competitive research, and the development of business cases for new data products.
• Support product lifecycle activities, guiding enhancements from ideation through development and launch.
• Collaborate with Technology, Operations, Sales, Client Services, and Analytics to ensure successful project implementation.
• Engage with internal stakeholders and clients to gather feedback and identify opportunities to improve data content.
• Support the creation and documentation of new data methodologies and contribute to research for new business initiatives.
• Build and maintain strong relationships with Global Broking teams and other key internal partners.
• Support marketing activities such as preparing product materials, contributing to newsletters, and assisting at conferences.

Experience / Competences

• Demonstrated exposure to financial markets data with 5 years+ experience, with an understanding of how OTC instruments and market data are used by end‑clients.
• Demonstrated analytical skills with the ability to interpret large datasets and identify actionable insights.
• Excellent communication skills, both written and verbal, with the ability to translate technical requirements for varied audiences.
• Proven organizational skills and ability to manage multiple workstreams and deadlines.
• Ability to convert ideas into structured requirements and clearly documented specifications.
• Ability to work independently, take initiative, and contribute proactively to product solutions.
• Desired Commercially minded with an interest in derivative market trends and data innovation.
• Experience collaborating with cross‑functional teams.
• Comfortable engaging with clients or presenting content in industry settings.
• Demonstrated problem‑solving skills and a focus on delivering high‑quality outcomes.
• Ability to identify gaps and drive revenue opportunities.
• Credible communicator with the ability to build strong relationships across the organisation.

Job Band & Level

Manager / 6

Annual Salary $170,000 - $180,000 #PARAMETA #LI-Hybrid #LI-MID

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location

USA - 200 Vesey Street - New York, NY

Work with us

Joining TP ICAP puts you at the heart of markets that matter. You’ll have the freedom to innovate and act on your initiative. We’ll train you and build your abilities in your specialist area, so that you can become an expert in your field. And all within a connected network that’s there to set you up for success.

More about us

TP ICAP Group is a collection of premium brands each with a distinct, client‑focused offering. Underpinning and connecting these client‑facing brands is the financial security, operational strength and know‑how we have as a Group. Connections are at the heart of what we do. We combine our people’s know‑how with the latest technology to improve price discovery, trade execution and liquidity flow. Connections create strength. Through them, we help our clients to manage risk, realise investment strategies and expand the scope for growth. And connections act as a catalyst. Sparking richer solutions for our clients to break new ground, modernising markets for future performance, and creating dynamic careers for our people. Our capacity to connect builds trust, supports communities and gives us the power to anticipate and respond to change, whatever direction the world takes. It’s what makes TP ICAP a mainstay in the global markets, now and in the future. TP ICAP. We connect.